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[Phoenixazure]

Are my updates of TNA in court welcome? I find this fascinating to follow and this twitter account is giving a good live rundown of what is happening. Better to have it all here than to have to go elsewhere, right?

As a lurker I appreciate them. Keep em coming I say

 

[Kaladin]

Totally welcome. It's the perfect level of absurdity for Pro-Wrestling fans. Plus we should all be counting our blessings that it's cat-fancier Billy Corgan trying to take over and not the Insane Clown Posse.

ICP are money marks for their own promotion, they don't need TNA.

 

[slightconfuse]

Lol tna

TNA has good will, notoriety, merchandising, licensing and is an international brand.

https://twitter.com/tnnaterau/status/791357337869099008?s=09

 

[HazySaiyan]

I'm kind of surprised that hasn't come back to bite them considering every time a single wrestler has challenged them in court over that, WWE always loses

Guess they need a bunch of wrestlers to do it all at once for it to really stick

 

[Heroman]

http://m.neogaf.com/showthread.php?t=1300663

The federal government's coming for Vince's ass again

 

[jmdajr]

Guess they need a bunch of wrestlers to do it all at once for it to really stick

Can you imagine. Being on the Impact zone the next day!

 

[Kaladin]

More from TNA's lawyers:

Parham vigorously denies financial details were hidden from Corgan.

Parham said Corgan is attempting to cause TNA to default on his own loan.

Parham said injunctive relief should be used sparingly. He says Corgan has not suffered irreparable harm.

Parham said Corgan wanted to get rid of all managers and appoont himself manager.

Parham says Dixies manager rights cant be transferred under the law.

Cont.

Parham said the contract between Corgan and Carter is illegal under TN law. So Carter cant transfer her mgr rights even if TNA is insolvent.

Parham said cash flow is a small part of the story. He says people want to buy TNA bc it is valuable.

https://twitter.com/tnnaterau

 

[Marvel]

Rofl Dixie really thinks she's fooling everyone doesn't she

Mhmm.

 

[HazySaiyan]

Can you imagine. Being on the Impact zone the next day!

And has just been established TNA has good will, notoriety, merchandising, licensing and is an international brand! What an opportunity!

 

[Recall]

Cont.

Parham said the contract between Corgan and Carter is illegal under TN law. So Carter cant transfer her mgr rights even if TNA is insolvent.

https://twitter.com/tnnaterau

I wonder what else TNA does which is illegal under TN law?

 

[Mahonay]

This is sounding more and more like TNA is just going to go completely under.

 

[Bluekaveli]

Cont.

Parham said the contract between Corgan and Carter is illegal under TN law. So Carter cant transfer her mgr rights even if TNA is insolvent.

https://twitter.com/tnnaterau

This is a disaster.

 

[slightconfuse]

This is sounding more and more like TNA is just going to go completely under.

And this is only the first lawsuit

Still have 5 more

 

[DMczaf]

Alvarez needs to write a book based on this trial alone.

 

[Kaladin]

TNA's lawyer just said people want to buy TNA because it is valuable.

 

[slightconfuse]

SHOOOOOOOOOOOOT

.@ryansatin Docs state that Dixie asked Billy why he wasn't involving her in planning or meetings and he said, "You are damaged goods."

 

[Kaladin]

Cont.

Parham said the contract between Corgan and Carter is illegal under TN law. So Carter cant transfer her mgr rights even if TNA is insolvent.

Parham said cash flow is a small part of the story. He says people want to buy TNA bc it is valuable.

https://twitter.com/tnnaterau

Parham said tax lien is an accounting mistake. A non issue he says.

 

[Bluekaveli]

SHOOOOOOOOOOOOT

😂😂😂😂

 

[slightconfuse]

Parham said tax lien is an accounting mistake. A non issue he says.

Accounting mistakes don't involve,not filing a change in address form

 

[Sweeney Tom]

This is sounding more and more like TNA is just going to go completely under.

Pretty much

 

[Kaladin]

Parham said tax lien is an accounting mistake. A non issue he says.

Cont.

Parham calls deal predatory lending at its worse. Reiterates TNA is willing to pay off Corgans loan.

 

[DMczaf]

SHOOOOOOOOOOOOT

God damn

Billy is about that Shooooooot life

 

[Bluekaveli]

 

[Kaladin]

I fully believe the $5 million paid to Trump's Foundation was payment for his appearances during that time. I don't know about the $6 mill from Linda.

 

[Mahonay]

Vince thought people might just forget. Lol.

 

[Marvel]

SHOOOOOOOOOOOOT

50.cal

 

[Angry Grimace]

DB getting away with it because he can.

 

[Kaladin]

Wouldn't you guys agree, that if you give someone a loan twice, and they don't repay it and come to you wanting a third loan, that you're going to make that third loan have some ridiculous interest and clauses to make it worth your time?

 

[slightconfuse]

Turner is back in the Wrasslin business

http://awfulannouncing.com/2016/tur...ny.html?utm_source=dlvr.it&utm_medium=twitter

Spoiler

only in Germany

 

[Biggest-Geek-Ever]

The Vince McMahon character of 2003 basically is Donald Trump: sexually assaults women, insults disabled people (Zach Gowen), creepy and overtly sexual relationship with his daughter.

 

[Bluekaveli]

Wouldn't you guys agree, that if you give someone a loan twice, and they don't repay it and come to you wanting a third loan, that you're going to make that third loan have some ridiculous interest and clauses to make it worth your time?

Pretty much. If they fuck up the next time, I take the clothes off of their back and get their house.

 

[Sephzilla]

The Vince McMahon character of 2003 basically is Donald Trump: sexually assaults women, insults disabled people (Zach Gowen), creepy and overtly sexual relationship with his daughter.

god damn

 

[Raw64life]

The lolTNApedia is gonna be long enough to fill a textbook by the time this mess is over.

 

[Professor Beef]

Shoot: Spider-Man did what was best for business by stiffing the promoter in his origins.

The lolTNApedia is gonna be long enough to fill a textbook by the time this mess is over.

Gonna have to split that shit into 2 books.

 

[Biggest-Geek-Ever]

Was breaking Bonesaw's neck best for business, though?

 

[Professor Beef]

Was breaking Bonesaw's neck best for business, though?

He didn't break his neck!

 

[Biggest-Geek-Ever]

He didn't break his neck!

Dude

He lands right on his head and you hear a crunching sound. That crowd cheered for the death of a family man.

 

[Kaladin]

Cont.

Parham calls deal predatory lending at its worse. Reiterates TNA is willing to pay off Corgans loan.

Cont.

Anthem atty says company is willing to pay off Corgan loan minus transaction premium he says he is due.

https://twitter.com/tnnaterau

LMAO....so, that's not going to happen.

 

[Professor Beef]

Dude

He lands right on his head and you hear a crunching sound. That crowd cheered for the death of a family man.

Ref never put up the X, so it was all good.

 

[Mahonay]

Ok this Table for 3 with Mark Henry, Big Show, and Kane is the best.

 

[Jamie OD]

The lolTNApedia is gonna be long enough to fill a textbook by the time this mess is over.

There's no need for the Death of TNA book as long as that webpage is still alive.

 

[Tagyhag]

I wonder how TNAMecca is looking.

 

[HazySaiyan]

I fully believe the $5 million paid to Trump's Foundation was payment for his appearances during that time. I don't know about the $6 mill from Linda.

Aren't charitable donations deductible? That's probably why the $5 million was paid to the Trump Foundation and not Trump himself.

 

[Jamie OD]

I wonder how TNAMecca is looking.

 

[Kaladin]

I think the TNA Lawyer is done.

The ruling on this trial will come Monday.

 

[Sephzilla]

I wonder how TNAMecca is looking.

TNAMecca is probably buying right into the idea that Corgan is trying to steal the company

 

[Zach]

Dude

He lands right on his head

 

[Professor Beef]

I think the TNA Lawyer is done.

The ruling on this trial will come Monday.

Monday Night on Raw? :O

 

[Kaladin]

Barring the legality of Corgan's loan contract with TNA, I think Corgan has the better case here. TNA is trying to paint a picture of a predatory loan shark while he seems to have more evidence and history on his side. I think TNA will prove insolvent and go to Corgan on Monday.

 

[Biggest-Geek-Ever]

Pretty amazing he can jump up to the top rope like that. Does he do crossfit?